OneSpan profit margin OSPN
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 27.8%
- Operating margin, 12 months
- 18.0%
- Net margin on a year earlier
- +2.9 pts
- Peer median
- 4.1%
Over the twelve months to Jun 30, 2026, OneSpan kept 27.8% of its revenue as net profit, with an operating margin of 18.0% and a gross margin of 73.6%.
Five years earlier its net margin was −9.3%.
The median for 10 infrastructure software stocks of a similar size is 4.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 30.0% | 19.9% | 73.8% |
| FY2024 | 23.5% | 18.4% | 71.8% |
| FY2023 | −12.7% | −12.3% | 67.1% |
| FY2022 | −6.6% | −12.4% | 67.8% |
| FY2021 | −14.3% | −12.2% | 66.6% |
| FY2020 | −2.5% | −2.4% | 68.6% |
| FY2019 | 3.1% | 5.6% | 67.7% |
| FY2018 | 1.8% | 0.0% | 69.5% |
| FY2017 | −11.6% | 3.2% | 69.6% |
| FY2016 | 5.5% | 5.0% | 67.9% |
| FY2015 | 17.5% | 20.9% | 59.5% |
| FY2014 | 16.6% | 18.9% | 63.4% |
| FY2013 | 7.2% | 8.8% | 64.4% |
| FY2012 | 10.1% | 13.7% | 64.6% |
| FY2011 | 10.8% | 14.7% | 64.3% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 27.8% | +2.9 pts | 18.0% | |
| Q1 FY26 | 28.5% | +4.4 pts | 18.8% | |
| Q4 FY25 | 30.0% | +6.5 pts | 19.9% | |
| Q3 FY25 | 24.1% | +12.4 pts | 19.8% | |
| Q2 FY25 | 24.9% | +18.3 pts | 21.1% | |
| Q1 FY25 | 24.0% | +27.3 pts | 19.8% | |
| Q4 FY24 | 23.5% | +36.1 pts | 18.4% | |
| Q3 FY24 | 11.7% | +26.3 pts | 14.2% | |
| Q2 FY24 | 6.6% | +22.6 pts | 7.6% | |
| Q1 FY24 | −3.3% | +9.2 pts | −2.7% | |
| Q4 FY23 | −12.7% | −6.1 pts | −12.3% | |
| Q3 FY23 | −14.6% | −3.2 pts | −15.2% |
Against its peers
Companies in Software - Infrastructure nearest OneSpan's size, closest first, today.
| Company | Profit margin |
|---|---|
| OSPNOneSpan | 27.8% |
| GDYNGrid Dynamics | 0.7% |
| CCSIConsensus Cloud Solutions | 26.7% |
| RPDRapid7 | 2.4% |
| IIIVi3 Verticals | 3.9% |
| RDVTRed Violet | 16.5% |
| XZOExzeo | 39.1% |
| CXMSprinklr | 2.7% |
| EVCMEverCommerce | 5.7% |
| PDFSPDF Solutions | 4.3% |
| MKTWMarketwise | 0.7% |
| Peer median | 4.1% |
Where OneSpan ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on OneSpan
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.